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Dechra Pharmaceuticals

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Dechra Pharmaceuticals

Dechra Pharmaceuticals
Type Public (LSE: DPH)
Industry Pharmaceuticals
Founded 1997
Headquarters Stoke-on-Trent, England
Key people Michael Redmond, (Chairman)
Ian Page, (CEO)
Products Felimazola, Vetoryl
Revenue £189.2 million (2013)[1]
Operating income £39.1 million (2013)[1]
Net income £17.9 million (2013)[1]
Website www.dechra.com

Dechra Pharmaceuticals plc is an English-based manufacturer of veterinary products. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

History

The Company was founded in 1997 by way of a management buy-out from Lloyds Chemists.[2] It was first listed on the London Stock Exchange in 2000.[2] In 2007 it bought VetXX, a Danish veterinary products business, for £62m.[3] It sold its veterinary services business to US-firm, Patterson Companies, for £87.5m in July 2013 in order to focus on its higher margin manufacturing business.[4]

Operations

The Company sells pharmaceuticals - mainly for dogs, cats and horses; products include Vetoryl for [5]

See also

References

  1. ^ a b c Preliminary Results 2013
  2. ^ a b Montague Private Equity announces sale of VetXX
  3. ^ Dechra Pharma to buy VetXX for £61.7m
  4. ^ "Dechra sells up". Investors Chronicle. 11 July 2013. Retrieved 16 March 2014. 
  5. ^ Dechra: Company structure
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